Mari Energies Limited  has announced a significant gas and condensate discovery at the Spinwam-1 exploratory well in the Waziristan Block, located in North Waziristan District, Khyber Pakhtunkhwa Province. This discovery marks a major breakthrough in the region’s hydrocarbon potential and could bolster Pakistan’s efforts to reduce its energy deficit.      Spinwam-1, the second exploratory well in the Waziristan Block, was spudded on May 28, 2024, and drilled to a total depth of 4,400 meters. Mari Energies Limited operates the Waziristan Block with a 55% working interest, while joint venture partners Oil and Gas Development Company Limited (OGDCL) and Orient Petroleum Inc. hold 35% and 10% interests, respectively. OGDCL, Pakistan’s largest exploration and production company, brings extensive expertise to the project, while Orient Petroleum Inc. adds strategic value as a minority stakeholder.The discovery has opened a new hydrocarbon play within the Waziristan Block, signalling potential for further exploration and development in the region. Testing is ongoing, including post-acid job assessments and evaluations of additional targeted formations, to fully determine the well’s production capabilities.       This discovery is a significant development for Pakistan’s energy sector, which has long struggled with energy shortages and reliance on imports. The Waziristan Block, located in a historically under-explored region, now emerges as a promising frontier for hydrocarbon exploration. (ICE ISLAMABAD)

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